UConn trustees approve budget, including tuition increase

Published 4:58 pm, Wednesday, June 25, 2014

This image released by the University of Connecticut shows the school's new logo. (AP Photo/University of Connecticut)

This image released by the University of Connecticut shows the school's new logo. (AP Photo/University of Connecticut)

Photo: AP

UConn trustees approve budget, including tuition increase

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The University of Connecticut’s Board of Trustees unanimously approved its $1.18 billion budget Wednesday, including a previously scheduled 6.5 percent increase in tuition, for fiscal year 2015.

The new spending plan is $52 million or 4.6 percent more than last year’s budget. The increase in funding will help the university hire 61 new faculty members, who will help students get into the courses they need and graduate within four years.

“A growth in faculty will decrease the student-to-faculty ratio ” UConn’s Associate Vice President of Finance and Budget Lysa Teal said. “The ratio will decrease from 16.3 in 2014 to 15.9.”